Overdue reparations is the key to closing the racial wealth gap II Dr. William “Sandy”Darity

Overdue reparations is the key to closing the racial wealth gap

Dr. William Darity‘s congressional testimony lays a path to fix historic inequity that produces unequal outcomes for blacks

Dr. Willliam “Sandy” Darity, Samuel DuBois Cook Center on Social Equity at Duke University.

The case for black reparations must be anchored on three phases of grievous injustice inflicted upon enslaved blacks and their descendants. First is the atrocity of slavery itself.

The case for black reparations must be anchored on three phases of grievous injustice inflicted upon enslaved blacks and their descendants. First is the atrocity of slavery itself. Second are the atrocities exercised during the nearly century-long period of legal segregation in the U.S. (the “Jim Crow” era). Third are the legacy effects of slavery and Jim Crow, compounded by ongoing racism manifest in persistent health disparities, labor market discrimination, mass incarceration, police executions of unarmed blacks (de facto lynchings), black voter suppression, and the general deprivation of equal well-being with all Americans. Therefore, it is a misnomer to refer to “slavery reparations,” since black reparations must encompass the harms imposed throughout American history to the present moment — both slavery and post-slavery, both Jim Crow and post-Jim Crow — on black descendants of American slavery. It is precisely that unique community that should be the recipients of reparations: black American descendants of persons enslaved in the U.S.

Second are the atrocities exercised during the nearly century-long period of legal segregation in the U.S. (the “Jim Crow” era).

In a 2003 article written with Dania Frank Francis, and, more recently, in work written with Kirsten Mullen, we have proposed two criteria for eligibility for black reparations. First, an individual must demonstrate that they have at least one ancestor who was enslaved in the U.S. Second, an individual must demonstrate that for at least 10 years prior to the onset of the reparations program or the formation of the study commission, whichever comes first, they self-identified as black, Negro or African-American. The first criterion will require genealogical documentation — but absolutely no phenotype, ideology or DNA tests. The second criterion will require presentation of a suitable state or federal legal document that the person declared themselves to be black.

iStockphoto.

… it is a misnomer to refer to “slavery reparations,” since black reparations must encompass the harms imposed throughout American history to the present moment

I also recommend, like the Commission on Wartime Relocation and Internment of Civilians, the commission on reparations proposals commission should be appointed exclusively by the Congress. The commission appointees should be experts in American history, Constitutional law, economics (including stratification economics), political science and sociology. These appointees must have expert knowledge on the history of slavery and Jim Crow, employment discrimination, wealth inequality, health disparities, unequal educational opportunities, criminal justice and mass incarceration, media, political participation and exclusion, and housing inequities. The commission also should include appointees with detailed knowledge about the design and administration of prior reparations programs as guidelines for structuring a comprehensive reparations program for native black Americans.

Where do we go from here?

What would it take to bridge the black-white wealth gap?
A Q & A with Duke University economist William ‘Sandy’ Darity, who has some radical—yet doable—ideas
mlk50.com
Reparations well-intentioned, but insufficient for the debt owed
City of Memphis gives $50,000 each to the 14 living black sanitation workers from the 1968 strike
mlk50.com
The Loebs : Exploited black labor and inherited white wealth
Penny-pinching Loeb ancestors kept wages flat for 25 years as black laundresses did “miserable” work
mlk50.com

Source: Overdue reparations is the key to closing the racial wealth gap

U.S. begins paying out reparations from France to Holocaust survivors and their heirs – The Washington Post

“Transportation U.S. begins paying out reparations from France to Holocaust survivors and their heirs Add to listBy Katherine Shaver September 15, 2016The State Department has paid or approved 90 claims for a total $11 million in reparations from France to former World War II prisoners who were carried to Nazi death camps in French trains — the first French reparations paid to Holocaust survivors living in the United States, officials said Thursday.

The payments apply to Holocaust survivors who were deported from France to concentration camps on stifling trains operated by the state-owned French railway, SNCF, or, if the survivors have died, to their spouses or heirs. It is the first French compensation to Holocaust survivors who settled in the United States as well as Israel, Canada and other countries that haven’t had a reparations agreement with France.It’s also the first World War II reparations program to include heirs considered to be “standing in the shoes” of people who died before receiving compensation for the atrocities they or their spouses endured, State Department officials said.

“In many ways, this is belated justice for the worst crimes in history,” said Stuart Eizenstat, the State Department’s special adviser for Holocaust issues. “But it also underscores a long relationship with France.”SNCF was paid to transport 76,000 Jews and other prisoners, usually with no food and only a bucket for a toilet, to Nazi camps. All but about 2,000 were killed.[Video: On a French train to Auschwitz, a daring leap for survival]While the French government has paid more than $6 billion in Holocaust reparations since 1948, including to deportees, those payments previously covered only French citizens and those of four countries that had bilateral agreements with France.More than 700 claims have been filed under a 2014 agreement between the United States and France in which the French government pledged a total $60 million for the deportations carried out by SNCF, officials said.

In exchange, the U.S. government agreed to ask courts to dismiss any U.S. lawsuits against SNCF or the French government.U.S. Jewish groups and aging Holocaust survivors have pushed for French reparations since at least 2000, both through class-action lawsuits and state and federal legislation. However, their cause gained political traction in 2010, when survivors began protesting SNCF and a company in which it holds a majority stake, Paris-based Keolis, as they pursued state and federal rail projects.

Survivors said SNCF and Keolis shouldn’t be awarded U.S. contracts supported by their tax dollars until they had been compensated.So far, Eizenstat said, 29 Holocaust deportees have received $204,000 each, while 11 spouses of those who died in Nazi concentration camps or before 1948 are receiving $51,000 each. Spouses of Holocaust victims who died in or after 1948 — the start of France’s own Holocaust reparations fund for French citizens — will receive $750 for each year that the survivor lived after 1948.

Source: U.S. begins paying out reparations from France to Holocaust survivors and their heirs – The Washington Post

The b[B]lack woman who launched the modern fight for reparations – The Washington Post

“Indeed, b[B]lack women have been at the center of the push for reparations for more than a century. Excluding them from the reparations debate blinds us to the multifaceted modern movement.”

“The reparations hearings in the House of Representatives last week turned contentious as experts such as writer Ta-Nehisi Coates traded barbs with politicians, including Senate Majority Leader Mitch McConnell. The bill at the heart of the hearings, H.R. 40, first introduced by Rep. John Conyers Jr. in 1989, would create a commission to study and develop proposals for reparations for descendants of slaves.While Conyers should be lauded for his original efforts to introduce this legislation, this month’s hearings would not be possible without Audley “Queen Mother” Moore, the founder of the modern reparations movement. Indeed, b[B]lack women have been at the center of the push for reparations for more than a century. Excluding them from the reparations debate blinds us to the multifaceted modern movement. It also runs the risk of omitting some of the most generative and inventive reparations proposals developed to date.The debate over reparations is not new.

Since the Civil War, b[B]lack Americans have been imploring the federal government to rectify years of racial terror and prejudice. Some followed Callie House, an ex-slave turned reparations organizer who formed the National Ex-Slave Mutual Relief, Bounty and Pension Association to mobilize freed men and women to lobby Congress for pensions and land in the late 1800s. Others called on the federal government to make good on Special Field Order No. 15, a short-lived Civil War-era law that redistributed confiscated Confederate land to former slaves in 40-acre plots. By the turn of the century, the phrase “40 acres and a mule” became a catchall term for reparations claims.”

Source: The black woman who launched the modern fight for reparations – The Washington Post

Slavery Reparations Could Cost Up to $14 Trillion, According to New Calculation

The Permanent Memorial to Honor the Victims of Slavery and the Transatlantic Slave Trade, in New York City, acknowledges a tragic chapter in the nation’s history. Some have argued that reparations for slavery would help heal long-festering racial strife. EDUARDO MUNOZ / REUTERS

” In 1865, toward the end of the Civil War, Union Army General William Tecumseh Sherman promised slaves that they’d receive 40 acres and a mule. Land was even set aside, but the promise was recanted by President Andrew Johnson. Ever since, the issue of reparations has come up many times, often fiercely debated. Although most Americans generally don’t support reparations, according to University of Connecticut researcher Thomas Craemer, it matters greatly how the question is worded, who would get reparations and in what form. For example, the idea of reparations paid in educational benefits are more popular than others, Craemer says.

On the other hand, one of the cases often made against reparations is that it’d be impractically difficult to calculate how to fairly take and give so many years after the fact. But in a new paper, published in the journal Social Science Quarterly, Craemer makes the case that there are other examples of historical reparations paid many decades later after “damages” were incurred. He also has come up with what he says is the most economically sound estimate to date of what reparations could cost: between $5.9 trillion and $14.2 trillion.

Craemer came up with those figures by tabulating how many hours all slaves—men, women and children—worked in the United States from when the country was officially established in 1776 until 1865, when slavery was officially abolished. He multiplied the amount of time they worked by average wage prices at the time, and then a compounding interest rate of 3 percent per year (more than making up for inflation). There is a range because the amount of time worked isn’t a hard figure.

Previous estimates of reparations have ranged from around $36 billion to $10 trillion (in 2009 dollars), Craemer says. Those calculations mostly looked at wealth created by slaves as opposed to services provided, resulting in underestimates. Craemer believes that “the economic assumptions underlying [his method] are more sound” than those used in previous papers.

The paper also illustrates several historical examples in which reparations were paid, many decades later, despite being initially unpopular—showing that repayment of age-old claims is not without precedent . . .

Reparations will never bring one life back, and it’s totally inadequate to the terror of the [past], but having a meaningful symbol of reparations is a good thing, not just for recipients but for the people who provide it,” he says.”

Source: Slavery Reparations Could Cost Up to $14 Trillion, According to New Calculation

We Have the Means to Fund Reparations. Where Is the Political Will?

. . . Between 1983 and 2016, the median net worth for Black Americans actually went down by 50 percent. Paired with a growing Latinx population that also lags far behind whites in household wealth, the U.S.’s overall median wealth trended downward over those decades, even as median white wealth increased.These trends go hand-in-hand with the rigging of the overall economy. Over the last 30 years, the wealthiest 20 percent of households have captured almost 97.4 percent of all increases in wealth, leaving only scraps for the rest.To repair these breaches — between Black and white, as well as between the rich and the rest — we must restore the wealth of communities that were literally used as a foundation of the nation’s wealth, while being prohibited from building their own.

As Ta-Nehisi Coates wrote in his groundbreaking case for reparations in The Atlantic, reparations are “the price we must pay to see ourselves squarely.”It won’t be an easy task. But it’s by no means insurmountable.”

Source: We Have the Means to Fund Reparations. Where Is the Political Will?

INCREASING PUBLIC POWER TO INCREASE COMPETITION: A FOUNDATION FOR AN INCLUSIVE ECONOMY

INCREASING PUBLIC POWER TO INCREASE COMPETITION:  A FOUNDATION FOR AN INCLUSIVE ECONOMY

ISSUE BRIEF BY WILLIAM DARITY JR., DARRICK HAMILTON, AND RAKEEN MABUD
MAY 2019

Executive Summary

The United States needs an economy grounded in justice and morality, where everyone, free of undue resource constraints, can prosper. To achieve this, citizens ought to have universal access to undeniable economic rights, such as the right to employment, medical and health care, high quality education, sound banking and financial services, or a meaningful endowment at birth (Paul, Darity, Hamilton 2018). Currently, our system provides these rights primarily through the “free market” by private providers, but these private companies often fail to meet the following criteria:

•   Quantity: Are goods adequately supplied?
•   Quality: Are the goods high quality?
•   Access: Do people have adequate access to these goods?

Because of the failure of America’s markets-first approach to policy, the federal government should intervene by introducing public options that provide these essential goods and services in direct competition with private firms. Doing so will set “floors” on wages and quality and “ceilings” on price for private actors who are intent on providing important economic rights at a cost. In employment, this might mean providing a federal jobs guarantee (FJG); in financial services, this could mean access to bank accounts and safe, nonpredatory loans. Throughout this issue brief, we explore what public options might look like in employment, health, housing, education, and financial services. We argue that in these sectors, public options are necessary to combat high-cost, low-quality provision by private actors and ensure universal and better quality access to all Americans.

Full Report here.   https://rooseveltinstitute.org/wp-content/uploads/2019/04/RI_Increasing-Public-Power-to-Increase-Competition-brief-201905.pdf

CREATIVE COMMONS COPYRIGHT 2019 | ROOSEVELTINSTITUTE.ORG

The report features the work of OUR COMMON GROUND Voices, Drs. William “Sandy” Darity and Darrick Hamilton

Darity Hamilton